Apartments in 55406
56 rentals
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Use arrow keys to navigatePET FRIENDLY$1,110 - $1,925/mo
Studio-2 Beds
1-2 BathsEverlake Apartments | 2615 E 29th St #623-4D,
Minneapolis, MN 55406
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Use arrow keys to navigateNEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$1,305 - $1,740/moStudio-1 Bed1 BathWakpada Apartments | 4603 Minnehaha Ave #525,
Minneapolis, MN 55406
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,225 - $2,305/moStudio-2 Beds1-2 BathsOverland Apartments | 3806 24th Ave S #410,
Minneapolis, MN 55406
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PET FRIENDLY$1,175 - $1,365/moStudio-1 Bed1 BathOlive Apartments | 3126 Minnehaha Ave #112,
Minneapolis, MN 55406
NEW - 1 DAY AGOPET FRIENDLY
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SPECIAL OFFERPET FRIENDLY
NEW - 1 HR AGOPET FRIENDLY$1,295 - $2,225/moStudio-2 Beds1-2 BathsHiawatha Flats | 3625 E 43rd St #35-301,
Minneapolis, MN 55406
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Average Rent Trends in 55406
Rent in 55406 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Jun 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,489 |
| Aug 2025 | $1,390 |
| Sep 2025 | $1,423 |
| Oct 2025 | $1,310 |
| Nov 2025 | $1,338 |
| Dec 2025 | $1,361 |
| Jan 2026 | $1,356 |
| Feb 2026 | $1,329 |
| Mar 2026 | $1,341 |
| Apr 2026 | $1,324 |
| May 2026 | $1,317 |
| Jun 2026 | $1,434 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,258 | $1,705 | $1,950 | $2,950 | $1,450 |
| Townhomes | — | — | $1,895 | — | $1,895 |
| Apartments and Condos | $1,195 | $1,650 | $1,900 | — | $1,450 |
| Houses | $1,500 | $1,495 | $2,200 | $2,950 | $2,950 |
Frequently Asked Questions about Apartments and Condos for rent in 55406
- What is the average rent of an apartment in 55406?The average rent of an apartment in 55406 is $1,315 per month. This is about 33% lower than the national average.
- When is the average rent for an apartment cheapest in 55406?In the last year, the average rent in 55406 was lowest in Mar 2025 when it was $1,258 per month.
- When is the average rent for an apartment most expensive in 55406?In the last year, the average rent in 55406 was highest in Jul 2025 when it was $1,489 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55406?The average rent of a 1 bedroom apartment in 55406 is $1,268 per month. That is about $238 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 55406?There are 61 available apartments or condos to rent in 55406.
- What are some cities near 55406?Some nearby cities include: Minneapolis, Lauderdale, Falcon Heights, Mendota, Lilydale, Richfield. These cities may have more rental options to explore.
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